Azad Engineering (NSE:AZAD) Days Payable: 703.99 (As of Mar. 2026) — 103% Above Median


NSE:AZAD Azad Engineering Ltd NSE:AZAD
45 GF Score
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! 9 Warning Signs
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What is Azad Engineering Days Payable?

Azad Engineering NSE:AZAD +11.07% 45 Days Payable is 703.99 as of Mar. 2026, which is 103% above its 10-year median of 347.56. GuruFocus rates NSE:AZAD with a GF Score™ of 45/100. The stock has 9 warning signs investors should review. Among 2,987 Industrial Products companies, Azad Engineering ranks better than 97.89% on this metric.

Azad Engineering's average Accounts Payable for the three months ended in Mar. 2026 was ₹853 Mil. Azad Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹111 Mil. Hence, Azad Engineering's Days Payable for the three months ended in Mar. 2026 was 703.99.

The historical rank and industry rank for Azad Engineering's Days Payable or its related term are showing as below:

NSE:AZAD' s Days Payable Range Over the Past 10 Years
Min: 227.9   Med: 347.56   Max: 519.28
Current: 496.42

During the past 6 years, Azad Engineering's highest Days Payable was 519.28. The lowest was 227.90. And the median was 347.56.

NSE:AZAD's Days Payable is ranked better than
97.89% of 2987 companies
in the Industrial Products industry
Industry Median: 78.05 vs NSE:AZAD: 496.42

Azad Engineering's Days Payable increased from Mar. 2025 (451.09) to Mar. 2026 (703.99). It may suggest that Azad Engineering delayed paying its suppliers.


Azad Engineering Days Payable Historical Data

* Premium members only.

The historical data trend for Azad Engineering's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Azad Engineering Days Payable Chart

Azad Engineering Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial 322.35 291.10 227.90 372.76 519.28

Azad Engineering Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 451.09 435.71 381.19 499.42 703.99

NSE:AZAD vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Azad Engineering's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Azad Engineering Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Azad Engineering's Days Payable distribution charts can be found below:

* The bar in red indicates where Azad Engineering's Days Payable falls into.


NSE:AZAD
45GF Score
Azad Engineering Ltd NSE:AZAD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Azad Engineering Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Azad Engineering's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (801.08 + 852.74) / 2 ) / 581.23*365
=826.91 / 581.23*365
=519.28

Azad Engineering's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 852.74) / 1 ) / 110.53*365 / 4
=852.74 / 110.53*365 / 4
=703.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 703.99 mean?
Azad Engineering (NSE:AZAD) has a Days Payable of 703.99 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Azad Engineering and its competitors. This is 103% above median its historical median of 347.56. Over the past decade, Azad Engineering's Days Payable has ranged from 227.90 to 519.28. According to the industry distribution chart, Azad Engineering ranks #63 out of 2987 companies in the Industrial Products industry, placing it in the top 2.1%.
Is Azad Engineering's Days Payable too high?
Azad Engineering's current Days Payable of 703.99 is 103% above median its 10-year median of 347.56. Over the past 10 years, this metric has ranged from a low of 227.90 to a high of 519.28. The Industrial Products industry median Days Payable is 78.05. Azad Engineering's value of 703.99 is 802% above this industry median. Based on the distribution chart, Azad Engineering ranks #63 out of 2987 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Azad Engineering has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Azad Engineering's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Azad Engineering ranks #63 out of 2987 companies for Days Payable. This places Azad Engineering in the top 2% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Azad Engineering's value of 703.99 is 802% above this benchmark. Historically, Azad Engineering's own Days Payable has ranged from 227.90 to 519.28 over the past decade. While the company's 10-year median is 347.56 vs. the industry median of 78.05, Azad Engineering has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Azad Engineering's current Days Payable of 703.99 is 802% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Azad Engineering and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azad Engineering's current Days Payable is 703.99, which is 103% above median its own 10-year median of 347.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad Engineering stock overvalued right now?
Azad Engineering (NSE:AZAD) has a current Days Payable of 703.99. The current Days Payable is 703.99, which is 103% above median its 10-year median of 347.56 and 802% above the Industrial Products industry median of 78.05. Azad Engineering's overall GF Score™ is 45/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Azad Engineering (NSE:AZAD), the current Days Payable is 703.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azad Engineering Business Description

Other Exchanges 544061:India
Address 90/C, 90/D, Phase-1, I.D.A, Jeedimetla, Hyderabad, TG, IND, 500055
Azad Engineering Ltd is an Original Equipment Manufacturer (OEM) and national defence agencies across power generation, aerospace, defence, and oil & gas. It delivers complex, high-precision components with uncompromising reliability and has earned the trust of industry leaders, including GE Vernova, Mitsubishi Heavy Industries, Rolls-Royce, Honeywell Aerospace, Siemens Energy, Eaton, Baker Hughes, and others. The company's products include 3D rotating airfoil portions of turbine engines and other key products for combustion, hydraulics, flight-controls, propulsion, and actuation which power defence and civil aircrafts, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil, and thermal power. Geographically, the group generates a majority of its revenue from outside India.
45GF Score

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